eClerx ServicesNSE:ECLERX +0.75%88 Net Margin % is 17.10% as of Mar. 2026, which is 4% below its 10-year median of 17.77. GuruFocus rates NSE:ECLERX with a GF Score™ of 88/100 and a GF Value™ of ₹1,992.73 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,827 Software companies, eClerx Services ranks better than 86.98% on this metric.
Net margin is calculated as Net Income divided by its Revenue. eClerx Services's Net Income for the
three
months ended in Mar. 2026 was ₹1,894 Mil. eClerx Services's Revenue for the
three
months ended in Mar. 2026 was ₹11,073 Mil. Therefore, eClerx Services's net margin for the quarter that ended in Mar. 2026 was 17.10%.
The historical rank and industry rank for eClerx Services's Net Margin % or its related term are showing as below:
NSE:ECLERX'
s Net Margin % Range Over the Past 10 Years
Min: 14.55 Med: 17.77 Max: 26.62
Current: 17.15
NSE:ECLERX's Net Margin % is ranked better than 86.98% of 2827
companies
in the Software industry
Industry Median: 2.54
vs NSE:ECLERX: 17.15
eClerx Services (NSE:ECLERX) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
eClerx Services Net Margin % Related Terms
eClerx Services Net Margin % Historical Data
* Premium members only.
The historical data trend for eClerx Services's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:ECLERX vs IBM, ACN, FISV: Net Margin % Comparison
For the Information Technology Services subindustry, eClerx Services's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
eClerx Services Net Margin % vs Software Industry
For the Software industry and Technology sector, eClerx Services's Net Margin % distribution charts can be found below:
* The bar in red indicates where eClerx Services's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
eClerx Services (NSE:ECLERX) has a Net Margin % of 17.10% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on eClerx Services and its competitors. This is near median its historical median of 17.77. Over the past decade, eClerx Services' Net Margin % has ranged from 14.55 to 26.62. According to the industry distribution chart, eClerx Services ranks #368 out of 2827 companies in the Software industry, placing it in the top 13%.
Is eClerx Services' Net Margin % too high?
eClerx Services' current Net Margin % of 17.10% is near median its 10-year median of 17.77. Over the past 10 years, this metric has ranged from a low of 14.55 to a high of 26.62. The Software industry median Net Margin % is 2.54. eClerx Services' value of 17.10% is 573.2% above this industry median. Based on the distribution chart, eClerx Services ranks #368 out of 2827 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, eClerx Services has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eClerx Services' Net Margin % compare to IBM and ACN?
According to the Software industry distribution chart, eClerx Services ranks #368 out of 2827 companies for Net Margin %. This places eClerx Services in the top 13% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.54. eClerx Services' value of 17.10% is 573.2% above this benchmark. Historically, eClerx Services' own Net Margin % has ranged from 14.55 to 26.62 over the past decade. While the company's 10-year median is 17.77 vs. the industry median of 2.54, eClerx Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. eClerx Services's current Net Margin % of 17.10% is 573.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on eClerx Services and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. eClerx Services's current Net Margin % is 17.10%, which is near median its own 10-year median of 17.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eClerx Services stock overvalued right now?
Based on GuruFocus' analysis, eClerx Services (NSE:ECLERX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,992.73, compared to a current price of ₹1,404.50 — trading 29.5% below its estimated fair value. The current Net Margin % is 17.10%, which is near median its 10-year median of 17.77 and 573.2% above the Software industry median of 2.54. eClerx Services' overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For eClerx Services (NSE:ECLERX), the current Net Margin % is 17.10% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is eClerx Services (NSE:ECLERX) Overvalued in 2026?
Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued.
The current stock price of ₹1,404.50 is trading 29.5% below its estimated GF Value™ of ₹1,992.73.
GuruFocus considers eClerx Services to be Significantly Undervalued.
Key valuation signals for NSE:ECLERX:
Net Margin %: 17.10% (near median its 10-year median of 17.77)
GF Value™: ₹1,992.73 vs. price of ₹1,404.50 (29.5% below fair value)
Industry Position: 573.2% above the Software median (#368 of 2827)
No single metric tells the full story. See the NSE:ECLERX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, market intelligence, financial market operations, finance and accounting, and other services. The geographical segments of the company are North America, United Kingdom, Europe, and Asia Pacific.
88GF Score
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